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Brown faces the press
Brown faces the press
Last Modified: 19 Dec 2007
By:
Gary Gibbon
The Bradford and Bingley has denied reports that it's interested in a takeover bid for Northern Rock.
The mortgage lender had been linked with a possible move to form part of a private sector rescue of the firm. But in a statement it said it wasn't actively pursuing a bid for any part of Northern Rock at this time.
The Bank's troubles have been raised at Gordon Brown's monthly news conference - where the Prime minister insisted that he had dealt with the problem in the correct way.
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